Ukraine war increases global food insecurity

Published 2022년 3월 21일

Tridge summary

Russia's grain export ban, including wheat, barley, rye, and other grains, until at least the end of June, has led to a surge in prices and fears of famine and protests in countries dependent on these grains, especially in Africa and the Middle East. The situation is worsened by higher prices for grain, energy, fertilizer, transport, and empty grain silos due to the COVID pandemic. The UN reports that agricultural commodities were 31% more expensive on the world market in 2020 compared to 2019. Countries like Somalia, Benin, Congo, Tanzania, and Senegal are facing critical food shortages, and the EU has been called upon to supply grain to poorer states.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

First, the good news: farmers around the world are growing enough wheat to feed everyone. The bad news is that wheat is becoming more and more expensive, and it isn't growing where it's needed. Since Russia announced its grain export ban last week, prices have once again skyrocketed. Many countries are fearing famine and protests sparked by a lack of food. Moscow's temporary ban on exports of wheat, barley, rye and other grains is expected to last until at least the end of June. "With Russia's partial export ban on wheat, Putin is using grain as a weapon and threatening the food situation of poor countries, particularly in the south," said Martin Häusling, agricultural policy spokesman for the Greens in the EU Parliament. According to Germany's Federal Office for Economic Affairs and Export Control, Ukraine's wheat production accounts for 11.5% of the world market, while Russia's share is 16.8%. When it comes to corn, Ukraine supplies 17% of the world's export market. It's not ...
Source: Dw

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